🐸 Meme Daily | Chinese-culture meme coin ā€œNiu Laiā€ leads the way as single-day trading volume tops $120 million

Today’s Fear & Greed Index is 61; sentiment is mildly greedy. The Meme sector is active again, and the gainers list looks promising.

šŸ“ˆ Highlights from the 24-hour Meme Movers:
• Chinese-culture meme coin ā€œNiu Laiā€: +60.8%, price $0.129, market cap $129 million, 24h trading volume $121 million. The trading-to-market-cap ratio is close to 1, turnover is extremely active—intense competition
• $BASECAT (Base-chain cat-themed meme): +53.8%, market cap $33 million, 24h trading volume $24 million
• $SHRUB: +507%, but market cap is only $5 million. A violent pump in a small-cap—extreme intraday volatility

šŸ” Three observations:
1. Meme coins like ā€œNiu Laiā€ carry strong viral/spread characteristics for Chinese-language memes. Community sentiment is high, but extremely high turnover also means the chips/liquidity are unstable—chasing is not without risk
2. Small-cap coins can surge by several multiples in a single day; usually driven by a few large holders. Retail participation is a high-risk game
3. A Fear & Greed Index of 61 is just mild greed. Meme short-term sentiment still has some warmth, but rotation is very fast

šŸ’” Summary: The Meme track is never short of new stories—what it lacks is exit discipline. Watch if you like, but be cautious with heavy positions. Position sizing always comes first.

āš ļø The above is for reference only and does not constitute investment advice.